Daily - Go to TTD's     Chart scroller of  Breakout Stocks    - Monday - May 4, 2020

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Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List  - Monday - May 4, 2020

Daily - Bullish Aggressive Investor - Go To TTD Quick Trade Setups (74% win rate) - Monday - May 4, 2020

Go To Prior Days TTD "Reports"

 

Go to Video Show - "How to Make Money With Breakout Stocks


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Ticker Tape Digest

Monday - May 4, 2020


By Leo Fasciocco -- TTD

   Ticker Tape Digest presents its daily stock market report containing stocks to go long as Breakout Trades, Quick Trades, or Bargain Accumulation Trades.

  We also feature stocks under Significant Accumulation that are poised to breakout.

Ticker Tape Digest's

Daily schedule guide for TTD subscribers

1. Pre-market - check Breakout Watch List and Quick Trades.

2. Morning - (11:30 - 12 A.M.) - check breakout stocks tape and breakout chart slide show.

3. Midday (1 P.M.) check TTD Midsession Report and see market video show.

4. After close (4 P.M.) check final TTD Report for day.


Trading Strategies

Bullish

Aggressive Investors Bullish - "Breakout Stocks" - ideally suited for bull markets and special situation stocks. Potential for large returns. (See Performance)


Aggressive Investor Bullish-  "Quick Trade Stocks" -ideally suited for entry into top performing issues looking for a small quick profit."  (See Performance)


Conservative Investors  "Bargain Buy Trades for the Long Term."  Ideally suited for entry into top performing big cap stocks on pullbacks within overall up trend.(See Performance)


Bearish

Aggressive Bearish Investors - "Breakdown Stocks" to Sell Short. Ideally suited for bear markets or market pull backs. Potential for large returns  (See Performance)

   The TTD report also contains stocks to short as  breakdown plays and as bargain (swing trade) shorts.

  Investors should  tend to try to go with a strategy that fits with the stock market's trend, unless there is a special situation play.

  TTD's Breakout Stocks - Long are most suitable for aggressive investors seeking ideal entry points into leading stocks, especially during bull markets. They can do extremely well in bull markets with gains of as much as several hundred percent.

 These stocks can also do extremely well during strong market rallies, or if they are in a industry group that is performing very well. They tend to have strong earnings outlooks and are near new-52 week, or all-time highs.

  TTD Quick Trade Stocks - Long These are leading issues that have pulled back in recent days, but could move higher soon. They are most suitable for Aggressive Investors willing to trade short term. These stocks will do extremely  well during market advances. They have about 74% win rate. During market rally sequences the win rate is even higher. The return is small 3% to 8% in just a few days.

 TTD's Bargain Buy Trades - Long - Long Term.  These are for conservative bullish Investors These long-term buys are ideally suited for entry into stocks on pull backs within overall up trend. These stocks can give a good return long-term especially during a bull market.

   TTD also presents Stocks To Sell or Sell Short. These issues are suitable for aggressive investors willing to take short positions both as trades or for longer-term plays. These stocks will do very well during bear markets or market pull backs.

  TTD's Bearish breakdown stocks to sell short. These issues have potential to fall sharply. They often show a technical breakdown and also some fundamental business problem such as weak earnings.  

 TTD's multi-media updates include a slide-show that presents charts and analysis at midsession. Some times TTD presents feature analysis on stocks and the market. TTD uses Windows Media Files. (WMV).

 TTD also presents a "Breakout Watch List" that is up dated daily. This list consists of key stocks in position to breakout. A close watch of this list can put you in the stock just as it breaks out. A good idea is to study the list and be ready to move into a stock quickly as it hits its breakpoint.

TTD often suggests using stop buy orders to enter. It is very important to buy a breakout stock as close as possible to the breakpoint. The idea is to get "elbow room" if the stock should follow through to the upside. This is very important in being successful in making big money with breakout stocks.

It is also essential to have a stop loss strategy for all stocks in which positions are taken. Not every stock will work as expected. It is important for investors to "police" their portfolios and avoid getting trapped in any bad positions.

 Quality rating of breakout  Two key factors: 1 - Stock near all-time high in price or near a 52-week high. 2 - earnings growth current year is strong. The ideal play is a stock with an Above Average Quality Rating. The stock is near a new high and will have strong earnings. TTD's other ratings are Average and Below Average.

Quote or chart

   TTD also has  special feature sections on  Educational Tips on Investing.

   To email Mr. Leo Fasciocco  leo@tickertapedigest.com.   

   For service, email Beverly Owen owen@tickertapedigest.com. TTD’s Tel: 1-480-878-8381 or 480-704-3331.


Monday - May 4, 2020

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts   -  4

Quality of Breakouts -  Average.

Stocks Screened - 12,234

Bull side -  Small list of breakouts and very selective. Gold stocks still leading

Stock market  -  Daily market averages still bullish and also the Nasdaq weekly and monthly.

Comment -  Stock market still in a consolidation. One needs to be very watchful now.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Key earnings beats -  GPRE, NSSC, GPP and TREX.

Stock Market Momentum

(Daily is based on a moving average)

Market (Daily)

 Market (Weekly)

 Market (Monthly)  

 Dow - Bullish

 Dow - Bearish

 Dow - Bearish

  Nasdaq - Bullish

  Nasdaq - Bullish

Nasdaq - Bullish

   S&P 500 - Bullish

  S&P 500 - Bearish

  S&P 500 - Bearish


Ticker Tape Digest's

Timely Breakout Stocks From Tape Action

(The “breakout List” gives all stocks breaking out of a base of five weeks or more. These stocks have a good chance to trend higher. However, a stop should be used to avoid those that do not work.

They are ranked according to percentage change and classified as leaders or other.

(Trading strategy: One should buy breakout stocks near breakpoint by using market order or stop buy.  They can also be bought soon after a follow through move, sometimes on an intraday pullback. )  


Today's Featured TTD Breakout Stock

Agnico Eagle Mines Ltd. (AEM) - 63.38, up 2.18 - Breakpoint 63.09

Net To Surge 59% This Year, TTD Targets 80

      TTD's Quality Rating of Stock - AEM  - ABOVE AVERAGE

  AEM, based in Toronto, produces gold in Canada, USA and a few other countries. Annual revenues: $2.5 billion. AEM's stock rises sharply Monday and breaks out from its 15-week, cup-and-handle base.

  The stock is near a nine-year high. Gold stocks are the strongest sector in the market.

  TTD sees more on the upside for AEM

  So far today, AEM is trading 2.3 million shares. Its average daily volume is 2.2 million shares.

  AEM's stock moves higher in the morning and got to about its breakpoint line.

  However, it was not until the early afternoon that the stock cleared it.

  In after-hours trading AEM was up 19 cents.

   Tape Action

  AEM's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $61.20 in the prior session to as high as $63.38 near the close Monday.

  A key bullish trade came in the morning when a block of 27,327 shares (duplicated) crossed the tape at $62.22.

  That was up from the prior block the prior session at $61.20 on 74,494 shares.

  Near the close a bullish block of 51,565 shares (duplicated) crossed the tape at $63.38.

  That was up from the prior block at $62.23 on 30,000 shares.

   Business

  AEM operates mines in Canada, Finland and Mexico and exploration and development activities in each of these countries as well as in the U.S. and Sweden.

The Company operates through three business units: Northern Business, Southern Business and Exploration.

  Northern Business is comprised of the Company's operations in Canada and Finland.

The Company's Canadian properties include the LaRonde Complex, the Goldex mine, the Meadowbank Complex and the Meliadine mine.

The Company's Southern Business is comprised of the Company's operations in Mexico. Its explorations  are concentrated in Canada, U.S., Mexico, Finland and Sweden.

 Charts

  AEM's 12-month performance chart shows the stock up 57% versus a 3% decline for the stock market.

  Insider activity was not available.

  AEM's long-term chart shows the stock climbing from $21 back in 2015 to a peak at $60 by 2016.

  The stock went into a long-term base. Since then it has broken out and is now trending higher.

  AEM's daily chart shows the stock basing around $63 earlier in the year.

  The stock fell back with the stock market, but has since rallied strongly.

  It has now emerged from its near-term, cup-and-handle base.

  The stock's CCI momentum indicator is bullish.

   Earnings Outlook

  This year, analysts predict a 59% surge in AEM's net to $1.54 a share from the 97 cents the prior year.

  The stock sells with a price earnings ratio of 40. That is okay given the earnings growth rate.

   Looking out to 2021, the Street predicts an 81% leap in net to $2.79 a share from the anticipated $1.54 this year.

  Quarterly net will be strong.

  For the second quarter, analysts expect a 80% jump in net to 18 cents a share from 10 cents the previous year.

  Then in the third quarter they predict a 32% rise in net to 49 cents a share from the 37 the prior year.

Strategy Opinion:  TTD is targeting AEM for a move to $80 within the next few months, or sooner.

A protective stop can be placed near  $59.

Intermediate-Term Rating: Average.

Suitability:   Average Bulls.

                                 TTD's special research of Stock's Prior Performance:  

Breakout Success

Bullish

 AEM scored big gains off some recent breakouts.

Response to Net

Bullish

  AEM rose 9 times after 17 earnings reports.

Seasonal Success

Bullish

  AEM avg. gain 3.5% in May, 8% in June prior years.

Earnings Beats

Bullish

  AEM beat Street net estimate 14 times after 19 reports.


           Stock's Prior Performance After A Breakout

Stock's % Change from Breakout to peak - prior  to cut below 50-day M/A.

Date of Breakout

Break point Price

Stocks Price Peak after Breakout - prior to cut below 50-day M/A

  Date Trade Closed

             45%

   5/31/2019      43.63        63.27    9/3/3019

             18%

   12/7/2018      38.59        45.56    3/26/2019

             96%

   5/3/2016      30.47        59.77    8/4/2016

(In actual trading, entry and exit points could vary depending on broker execution.

Also, ideal are breakouts to a new 52-week high or better, perhaps all-time highs.)


  Stock's Long-term Chart


   Stock's Price Performance after Reporting Earnings

      


 Stock's Performance Chart with Quarterly Earnings Markers vs. S&P 500

Insider Buying in Green  -  Insider Selling in Red


Charts of Selected Breakout Stocks

      TTD's Quality Rating of Stock - TEAM - AVERAGE

      TTD's Quality Rating of Stock - COUP -  BELOW  AVERAGE

      TTD's Quality Rating of Stock - APDN -  BELOW AVERAGE

 

 


Ticker Tape Digest’s

Stocks To “Sell or Short”

    Ticker Tape Digest’s Daily List of “Stocks To Sell or Sell Short” ranks stocks well timed to be sold immediately based on daily trading. The list can be used as an alert to reduce current long-term positions.

Shorts from tape action  - 4

Stocks Screened - 12,234

Long-Term Environment for bears: Unfavorable.

Bear Side -  Small list of shorts. Aggressive bears can be venturesome.


List of Stocks To Sell or Short


TTD’s Feature Bear Play

Southwest Airlines Co. (LUV) - 27.56

Loss Seen for Second Quarter, TTD Sees Drop to 23

  LUV, based in Dallas, Tex., provides airline services in the U.S. and South America. Annual revenues: $22.4 billion. LUV's stock falls sharply Monday and undercuts key technical support.

  So far today, LUV is trading 43.4 million shares. Its average daily volume is 25 million shares.

  TTD sees more on the downside.

  LUV is expected to report a large loss for the second quarter due in part to the slowdown in business.

  LUV's stock gapped lower in the morning and undercut key support.

  The stock touched an intraday low of $26.21. It then worked high and managed to trim some of its deficit.

   Tape Action

   LUV's tape action shows the recent block trades.

  One can see the price for the blocks falling from $31.25 in the prior session to as low as $28.75 in the morning.

  A key bearish trade came in the morning when a block of 295,768 shares (duplicated) crossed the tape at $30.50.

  That was down from the prior block at $31.25 on a block of 5.1 million shares.

   Business

  LUV provides air service in the U.S. and near-international markets. The company provides point-to-point service.

 LUV  has  723 Boeing 737 aircraft and served 101 destinations in 40 states and Puerto Rico, and eight near-international countries: Mexico, Jamaica, The Bahamas, Aruba, Dominican Republic, Costa Rica, Belize, and Cuba.

  Earnings:

  For the second quarter, analysts predict LUV will report a loss of $3.27 a share compared with a profit of $1.37 the prior year.

  The loss is due to the slowdown in business due to the corona virus.

  For the year, the Street predicts a loss of $4.24 a share compared with a profit of $4.27 the prior year.

Charts:  

  LUV's daily chart shows the stock trending lower and trying to make a bottom near $30. However, Monday, LUV gaps lower and cuts below support.

  LUV's 12-month performance chart shows the stock down 48% versus a 3% decline for the stock market.

  Insider, Berkshire Hathaway Inc. was a recent seller of 2.3 million shares. There has been no buying.

Strategy Opinion: TTD  is targeting LUV for a decline to $23. A protective stop buy can be placed near $29.

Suitability:  Aggressive Bears.

  TTD's Stock Probability research of Prior Performance:  

Response to Net

Bearish

 LUV rose 8 times after 15 earnings reports.

Seasonal Success

Bearish

 LUV fell 5% in May, rose 0.8% in June prior years.

Earnings Beats

Bullish

 LUV beat Street estimate 14 times after 20 reports.


   TTD's Quality Rating of Stock  - LUV -  BELOW AVERAGE


   Stock's Performance Chart with Quarterly Earnings Markers vs. S&P 500

Insider Buying in Green  - Insider Selling in Red

          


   TTD takes no responsibility for trading by those using this information. The stocks presented in our report are those we deem the best looking "Day Trades" for the long side. We take no responsibility for the accuracy of this data, although every effort is made to present the information correctly. Copyright Ticker Tape Digest. - 2020

    TTD columnist Leo Fasciocco has covered the stock market for over 30 years. His articles appear in many publications. He has also been  a speaker at the Money Show conferences. He has been on television and radio. He is author of many educational articles about stock investing and the book “Guide To High-Performance Investing.”

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   For information to subscribe to the Ticker Tape Digest Services call: Beverly Owen at 1-480-878-8381.

   Distributed by Corona Publishing Enterprises. TickerTape Digest Inc. 1220 W. Sherri, Gilbert, Az. 85233.


  TTD “Professional Report” is available on the Web: $100 per month. Password needed. Published daily - around 20 times a month.  

 TTD Pro Report includes a Morning chart slide show of breakout stocks, a Midsession video-audio show with commentary on breakout stocks and shorts and a Final end of day overall report on breakout stocks for the session, short plays and accumulation plays.  There are other features too such as Quick Trades and Long-term Plays.  


TTD Daily Report is $39. It covers a Morning slide show of charts of stocks breaking out and a TTD end of day print report covering breakout stocks and shorts.

 Credit cards accepted. Payable to Corona Publishing Enterprises.


(The information contained has been prepared from data deemed reliable but there is no guarantee of complete accuracy. Ticker Tape Digest Inc. is not affiliated with any broker, dealer or investment advisor. Nothing in this publication constitutes an offer, recommendation or solicitation to buy or sell any securities. Further research is advised. This report is copyrighted and no redistribution is permitted with out permission.)